This has been an active month for sales at Bahama Bay Resort. There are eleven apartments waiting to close and most of these are next month or later this. Once they do close then we shall be better able to understand the price trend as it is at present. Essentially there are four San Salvador's, three Andros and four Abacos apartments waiting to close. Two Andros apartments have closed one was listed at $139000 and sold for $139000 and the other listed at $149000 sold for $120000. A Gran Bahama also closed and listed at $169900 and sold for $175000. This one really bucked the trend!!

At present there are six San Salvador's listed at between $124900 and $215000, seven Andros at between $139900 and $169000, ten Abacos at between $129900 and $250000 and last but not least just two Gran Bahama's at $215000 and $235000 respectively.

As I said earlier I am looking forward to next month to see what the current trend in prices is and to check if the present activity is going to continue. With now only 25 apartments for sale the inventory is reduced and it will be interesting to see if sales hold up overall. I will report accordingly in my June feature.

So you can see there is still plenty to choose from and Bahama Bay Resort is now providing a good opportunity to invest.

If you feel I can be of any help either listing your apartment for sale, acting in a purchase or just for advice please do not hesitate to call or email.

Phil Salmon ACIB,

Realtor,

Pegasus Group International, Inc.,

PO Box 781941, Orlando,

Florida, 32878 - 1941.

Tel: 1 407 931 3441

Email: ps@1pra.com